Mortgage Strategy Analyst

Overview

At the Federal Home Loan Bank of Chicago, employees come first - that s why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees.

• Collaborative, in-office operating model
• Retirement program (401k and Pension)
• Medical, dental and vision insurance
• Lifestyle Spending Account
• Competitive PTO plan
• 11 paid holidays per year

Our mission at FHLBank Chicago:
To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment, and support for their community investment activities.

Simply said, we re a bank for banks and other financial institutions, focused on being a strategic partner for our members and working together to reinvest in our communities, from urban centers to rural areas. Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment.

At FHLBank Chicago, we bring people together. We are committed to a high performing, engaged workforce, and to supporting the communities we serve across Illinois and Wisconsin. Our Buddy Program pairs new hires with tenured employees to guide their onboarding. Our professional development and training opportunities through upskilling, mentorship programs, and tuition reimbursement allow employees to grow their career with us.

Our collaborative, in-office operating model brings teams together to foster innovation, connection, and shared success. To support balance and flexibility, employees are provided an allocation of remote days to use as needed throughout the year.

The Mortgage Strategy Analyst supports the strategic direction of the Mortgage Partnership Finance (MPF) Program, a secondary market channel offered to FHLBank Member institutions. This role gathers, analyzes, and interprets data to inform business and program-level strategies specific to MPF. The analyst helps identify opportunities to enhance the MPF product suite, strengthen market competitiveness, and improve operational efficiency across participating institutions.

Working closely with MPF leadership and cross-functional teams, the Strategy Analyst develops actionable insights and recommendations that support program growth, risk management, and long-term sustainability.

• Shape the future direction of the MPF Program by conducting deep market research, analyzing industry trends, and identifying strategic opportunities that directly influence product evolution, competitive positioning, and long-term program sustainability.
• Drive data-powered decision making through rigorous quantitative analysis, financial modeling, KPI monitoring, and development of clear, actionable insights that empower MPF leadership to make informed strategic and operational choices.
• Accelerate execution of MPF strategic initiatives by collaborating across finance, marketing, operations, and leadership teams to scope, implement, and evaluate projects—ensuring improvements in efficiency, risk management, and the overall experience of participating institutions.

• Conduct market research and analyze industry trends to inform strategic planning.
• Collect and interpret data from internal and external sources to identify business opportunities and risks.
• Develop financial models and perform quantitative analyses to support business cases and strategic initiatives.
• Prepare detailed reports and presentations for senior management outlining findings and recommendations.
• Support the development and monitoring of key performance indicators (KPIs) and strategic metrics.
• Collaborate with cross-functional teams, including finance, marketing, and operations, to implement strategic projects.
• Track and evaluate the effectiveness of implemented strategies and provide ongoing recommendations for improvement.
• Assist in the creation of business plans, forecasts, and budgets.

• Bachelor s degree in Business Administration, Economics, Finance, or a related field (Master s degree…